Texas Pacific Land Corporation (TPL)
NYSE: TPL · IEX Real-Time Price · USD
614.31
-0.23 (-0.04%)
May 31, 2024, 4:00 PM EDT - Market closed
Texas Pacific Land Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Texas Pacific Land stock have an average target of 694.17, with a low estimate of 471.33 and a high estimate of 917. The average target predicts an increase of 13.00% from the current stock price of 614.31.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for TPL stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BWS Financial | BWS Financial | Strong Buy Maintains $917 | Strong Buy | Maintains | $917 | +49.27% | May 10, 2024 |
| BWS Financial | BWS Financial | Strong Buy Maintains $917 | Strong Buy | Maintains | $917 | +49.27% | Apr 2, 2024 |
| Stifel | Stifel | Hold Maintains $519 → $471 | Hold | Maintains | $519 → $471 | -23.27% | Jan 23, 2024 |
| Stifel | Stifel | Hold Maintains $538 → $519 | Hold | Maintains | $538 → $519 | -15.46% | Nov 30, 2023 |
| Stifel | Stifel | Hold Maintains $459 → $457 | Hold | Maintains | $459 → $457 | -25.61% | Jul 24, 2023 |
Financial Forecast
Revenue This Year
708.85M
from 631.60M
Increased by 12.23%
Revenue Next Year
795.88M
from 708.85M
Increased by 12.28%
EPS This Year
21.41
from 17.59
Increased by 21.71%
EPS Next Year
73.85
from 21.41
Increased by 244.95%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 760.9M | 876.8M | 883.1M |
| Avg | 708.9M | 795.9M | 849.4M |
| Low | 665.4M | 726.2M | 824.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 20.5% | 23.7% | 11.0% |
| Avg | 12.2% | 12.3% | 6.7% |
| Low | 5.4% | 2.4% | 3.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 22.26 | 76.78 | 26.02 |
| Avg | 21.41 | 73.85 | 25.03 |
| Low | 20.77 | 71.66 | 24.28 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 26.5% | 258.6% | -64.8% |
| Avg | 21.7% | 245.0% | -66.1% |
| Low | 18.1% | 234.7% | -67.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.